GUJ gujarat nre resources nl

coking coal strong

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    From macquarie wealth report.


    Coking coal – A strong rebound in seaborne
    demand combined with ongoing supply bottlenecks
    has forced us to upgrade our JFY08 price forecast
    by 26.3% for a benchmark price of $120/t followed
    by significant upward revisions to our medium and
    long term forecasts.
 
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